In 2023, the import of frozen boneless bovine cuts to China stood at approximately 1.073 billion kilograms. The forecast from 2024 to 2028 shows a steady year-on-year growth in import volume, with an average annual growth rate (CAGR) of around 4.48%. This trend indicates a consistent increase in demand for these products in China, driven by factors such as rising consumption, changing dietary preferences, and a growing middle class.
Future trends to watch for include:
- Potential shifts in China's domestic beef production capabilities, which could impact import needs.
- Changes in trade policies or agreements that may affect import routes or volumes.
- The impact of environmental and sustainability considerations on global beef trade dynamics.